California Organized Investment Network (COIN) Is a Collaborative Effort Between the California Department of Insurance, the Insurance Industry, Community Affordable Housing and Economic Development Organizations, and Community Advocates.

The Investigation Division investigates suspected fraud committed by insurance agents, brokers, public adjusters, bail agents, insurance companies and other individuals and entities transacting the business of insurance who perpetrate fraud against consumers.

Step 3 - The fee for the Business Entity Life Settlement Broker Application is $170 which is for a two-year period. To continue brokering life settlements, the life settlement broker license will need to be renewed on the same date that the business entity's life license expires. Therefore, business entities with less than 12 months left in their life license period will only pay $85 for the initial Business Entity Life Settlement Broker Application.

Within 30 days of employing an individual who notified CDI that they are brokering life settlements, business entities shall submit a Business Entity Endorsement, form LIC 411-8A, to identify individuals who are permitted to exercise the brokerage powers of the business entity.

Upon the termination of employment of any individual authorized to broker life settlements, business entities shall submit a Business Entity Endorsement Termination, form LIC 411-8T, to terminate that individual's authority to exercise the brokerage powers of the business entity.